Cupertino, California, April 22, 2026 — Apple has officially named John Ternus as its incoming chief executive, succeeding Tim Cook, who has held the position for the past 15 years. Ternus, a 25-year veteran of the company, previously served as the head of hardware engineering. He is set to transition into his new role on September 1st. Tim Cook is slated to transition to the position of executive chairman. Cook originally took the helm at Apple in 2011 following the resignation of co-founder Steve Jobs due to health concerns.

Tim Cook will remain in his current role throughout the summer, working alongside Ternus, before shifting his focus to assisting with specific company matters, such as engaging with global policymakers. Apple recently marked its 50th anniversary, a milestone significantly bolstered by Cook’s contributions. During his leadership, he transformed the company into one of the world’s most valuable entities, describing his time as CEO as “the greatest privilege of my life.”

Regarding the appointment of Ternus, Cook remarked, “He is without question the right person to lead Apple into the future.” Apple became the first public company to reach a $1 trillion valuation in 2018 and is currently valued at $4 trillion, reflecting massive growth over the last eight years. Given this trajectory, Ternus is viewed as highly capable of steering the company forward.

Ternus has been a long-standing member of the organization, contributing to every major product launch, including the iPad, various iPhone iterations, AirPods, and the Apple Watch, as well as the transition of Mac computers. In a statement on Monday, Ternus identified Cook as his “mentor” and expressed his outlook, stating, “I am filled with optimism about what we can achieve in the years to come.” From the era of Steve Jobs through the leadership of Tim Cook and now into the tenure of John Ternus, the company has seen significant evolution, and stakeholders remain eager to see what lies ahead.

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